Baxter Planning Systems Formalizes Baxter Outsourcing Services Group.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--March 17, 2004 First Integrated Solution Combining Planning Services, Software and Hosting Promises Improved Inventory Utilization and Customer Service While Controlling Operational Costs Baxter Planning Systems Inc. (www.bybaxter.com), the premier provider of Aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. Parts Planning Solutions, today announced the debut of Baxter Outsourcing Services Group. Baxter Outsourcing Services Group is a comprehensive offering of staffing services, based and manned domestically by Baxter's experienced logistics experts. These services are designed to support service organizations with their most pressing challenges, including forecasting, planning and procurement. Traditionally, companies desiring improvements in their service logistics organization have been forced to implement software and train their staffs to adapt accordingly. Unlike software-only alternatives, the Baxter Outsourcing Services Group, led by Greg Baxter, president and founder of Baxter Planning Systems, provides a complete solution including software, hosting and operational transfers. This approach minimizes the immediate and ongoing costs related to acquiring software or maintaining software, enables companies to move away from a fixed cost model to a variable cost model, and significantly shortens the "time to realized results" (acquire, deploy, train, confidence, proficiency and finally, a documented ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ). Although the true power of the outsourcing alternative is in the combination of services, any of the services offered by Baxter's Outsourcing Service Group can be deployed on a stand-alone basis. The Baxter Outsourcing Services include: -- worldwide recommendation of appropriate stocking locations and logistics network. -- forecasting distribution center requirements including Last Time Buys, New Product Introductions, steady state product forecasting as well as repair product forecasting Product forecasting is the science of predicting the degree of success a new product will enjoy in the marketplace. To do this, the forecasting model must take into account such things as product awareness, distribution, price, fulfilling unmeet needs and competitive alternatives. . -- analyzing current stocking levels, open orders and in-transit inventory while developing an on-going inventory utilization improvement model. -- inventory procurement, replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. , rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting . "The announcement of the Baxter Outsourcing Services group formalizes the delivery of services that Baxter Planning Systems has been providing our clients for over 10 years. Lucent Technologies, Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. and Philips Medical Systems are examples of our planning services clients", says Greg Baxter, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Baxter Planning Systems. Greg went on to say, "It is clear we are the only company that can offer a complete solution; comprehensive IT hosted solution, top-tier planning expertise and custom integration with any system with the state-of-the-art in software functionality. With an innovative pay for performance incentive-based pricing model, Baxter Outsourced Planning Group delivers immediate ROI through re-badging of employees, converting clients to a variable cost structure, improving fill rates and reducing inventory." About Baxter Planning Systems Inc. Since 1993, Baxter has pioneered the development of Web-based solutions to meet the unique demands of after-market, service, repair and spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. industries. The Prophet by Baxter(tm) suite of integrated forecasting and planning applications enables Baxter's clients to achieve industry-leading customer service levels while significantly increasing profitability. Headquartered in Austin, Texas, Baxter is privately held, self-funded and profitable. Global 2000 and Fortune 500 enterprises deploying Baxter solutions include Agilent Technologies, Silicon Graphics, Enterasys Networks This article or section contains information about scheduled or expected future events. It may contain tentative information; the content may change as the event approaches and more information becomes available. , Lucent Technologies, Network Appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything and Philips Medical Systems. For more information, visit Baxter on the Internet at www.bybaxter.com, or call 866-323-5959. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion